LivePerson Inc. (LPSN) Trading 1.6% Higher
LivePerson Inc. (NASDAQ:LPSN) traded up 1.6% on Monday . The stock traded as high as $7.57 and last traded at $7.55, with a volume of 149,233 shares traded. The stock had previously closed at $7.43.
Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of LivePerson from a “hold” rating to a “buy” rating and set a $8.25 target price on the stock in a report on Wednesday, July 13th. Benchmark Co. upgraded shares of LivePerson from a “hold” rating to a “buy” rating and increased their target price for the stock from $6.00 to $9.00 in a report on Thursday, July 7th. Finally, Roth Capital upgraded shares of LivePerson from a “neutral” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Thursday, May 5th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $9.25.
The company’s market cap is $433.60 million. The company has a 50 day moving average price of $6.93 and a 200 day moving average price of $6.06.
LivePerson (NASDAQ:LPSN) last announced its earnings results on Wednesday, May 4th. The company reported ($0.05) earnings per share for the quarter. The company had revenue of $55.50 million for the quarter, compared to analyst estimates of $55.45 million. LivePerson’s quarterly revenue was down 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.04 earnings per share. Equities research analysts predict that LivePerson Inc. will post $0.07 EPS for the current year.
LivePerson, Inc (Liveperson) is a provider of digital engagement solutions offering a cloud-based platform. The Company’s platform enables businesses to connect with consumers through chat, voice, and content delivery, across multiple channels and screens, including Websites, social media, tablets and mobile devices.
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